HTGM Trade on Jan 4, 2018 16:03 from konradengen: Tradervue User Stock Trades.

Bought this earnings winner on a quick pullback AH. Thesis was that it could gap up quite a lot due to the strong close, and a catalyst. Knew it was a risky play, and my entry was bad, so I kept size very small. It turned out to gap down all the way to 3.40 and I took my loss right at the open. I still think that my risk- reward was solid, because I considered it to have a lot of potential. It’s a former runner, it did major volume and had limited resistance ahead. The red flags were the fact that it has a lot of bag holders from previous spikes. It has no multiday runs, and usually gaps down after Day1. It also closed a bit too strong and you get some buyer exhaustion at EOD. Very good learning experience with little money involved. Lesson 1: Always use the long-term chart as a guide for your decisions. Lesson 2: Dare to enter the stock as you see signs of a breakout, and not just at EOD.